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  • Exam Code: UAE-Financial-Rules-and-Regulations
  • Exam Name: CISI UAE Financial Rules and Regulations Exam
  • Updated: Aug 22, 2026
  • Q & A: 102 Questions and Answers
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  • Exam Code: UAE-Financial-Rules-and-Regulations
  • Exam Name: CISI UAE Financial Rules and Regulations Exam
  • Updated: Aug 22, 2026
  • Q & A: 102 Questions and Answers
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  • Exam Name: CISI UAE Financial Rules and Regulations Exam
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  • Q & A: 102 Questions and Answers
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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:

SectionObjectives
Topic 1: Regulatory Ethics and Professional Standards- Ethical standards in financial services
  • 1. Professional integrity expectations
    • 2. Conflicts of interest management
      - Regulatory accountability
      • 1. Regulatory reporting obligations
        • 2. Responsibilities of financial professionals
          Topic 2: Anti-Money Laundering and Financial Crime- Financial crime prevention
          • 1. Fraud prevention controls
            • 2. Sanctions compliance obligations
              - AML/CFT requirements in the UAE
              • 1. Suspicious transaction reporting
                • 2. Customer due diligence (CDD) and KYC
                  Topic 3: UAE Financial Regulatory Framework- Federal financial regulation structure
                  • 1. Overview of UAE financial governance bodies
                    • 2. Roles of central financial authorities
                      - Securities and investment regulation
                      • 1. Regulation of securities markets in the UAE
                        • 2. Market conduct and compliance requirements
                          Topic 4: Financial Conduct and Compliance- Conduct of business standards
                          • 1. Client suitability and disclosure obligations
                            • 2. Fair dealing and market integrity principles
                              - Compliance and supervision
                              • 1. Internal controls and governance
                                • 2. Compliance monitoring frameworks

                                  CISI UAE Financial Rules and Regulations Sample Questions:

                                  1. In cases where securities are bought and sold during the same trading session, the client must have in its cash account enough:

                                  A) credit to cover the value of purchase
                                  B) securities to the value of purchase
                                  C) credit to cover the value of sale
                                  D) credit to cover the value of any losses


                                  2. The statement in a suitability report giving reasons for the recommendation must also indicate:

                                  A) why the next best product or service was disregarded
                                  B) the extent to which the author is qualified to make this judgement
                                  C) whether or not the client has accepted this guidance
                                  D) the client's ability to bear any risks and losses


                                  3. A fund manager is considering investing in medium-term bonds, commercial papers, and deposit certificates.
                                  Under the regulations, which of these can be held under a cash investment fund?

                                  A) Deposit certificates and medium-term bonds only
                                  B) Commercial papers and deposit certificates only
                                  C) Medium-term bonds, commercial papers and deposit certificates
                                  D) Medium-term bonds and commercial papers only


                                  4. The Board of a securities market wished to suspend a rule relating to the operations of that market, why was it unable to do so?

                                  A) An Authority penalty was pending
                                  B) A 30-day notice was not provided
                                  C) It failed to seek permission from the Authority
                                  D) The majority of the board was not present


                                  5. When updating their money laundering compliance framework, firms involved in crypto assets are required to take into account the recommendations of which body?

                                  A) United Nations Office on Drugs and Crime
                                  B) World Bank
                                  C) Bank for International Settlements
                                  D) Financial Action Task Force


                                  Solutions:

                                  Question # 1
                                  Answer: A
                                  Question # 2
                                  Answer: D
                                  Question # 3
                                  Answer: B
                                  Question # 4
                                  Answer: C
                                  Question # 5
                                  Answer: D

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